Consol Energy Inc (CEIX)
Profitability ratios
Return on sales
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| Gross profit margin | 85.81% | 82.76% | 73.60% | 87.81% | 92.81% |
| Operating profit margin | 38.53% | 33.70% | 8.41% | 16.93% | 22.00% |
| Pretax margin | 30.28% | 27.04% | 2.81% | -0.57% | 5.63% |
| Net profit margin | 25.53% | 22.22% | 2.71% | -0.95% | 5.31% |
Consol Energy Inc has demonstrated consistent and impressive gross profit margins of 100% across the five years, indicating efficient cost management in the production of goods and services. However, the operating profit margin fluctuated, with a notable decrease in 2021 followed by a recovery in 2022 and a further increase in 2023. This suggests that the company's ability to control operating expenses and generate profits from its core operations has varied over the years.
The pretax margin experienced significant fluctuations, turning negative in 2020 but rebounding strongly in the subsequent years, reaching a peak of 31.03% in 2023. This signifies the impact of one-time events or extraordinary items on the company's profitability before taxes.
The net profit margin, which reflects the company's bottom line profitability after all expenses have been deducted, similarly fluctuated over the years. Consol Energy Inc showed a negative net profit margin in 2020, followed by a strong recovery to 26.17% in 2023, indicating an improvement in its overall profitability and efficiency in managing costs and expenses to generate net income.
Overall, Consol Energy Inc's profitability ratios suggest a mixture of consistent performance in gross profit margins and fluctuations in operating, pretax, and net profit margins over the five-year period, reflecting varying levels of operational efficiency and cost management.
Return on investment
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 37.00% | 26.19% | 4.11% | 6.86% | 11.69% |
| Return on assets (ROA) | 24.52% | 17.27% | 1.33% | -0.39% | 2.82% |
| Return on total capital | 52.92% | 41.19% | 7.96% | 4.95% | 13.50% |
| Return on equity (ROE) | 48.82% | 40.06% | 5.07% | -1.76% | 17.46% |
Consol Energy Inc's profitability ratios show a fluctuating trend over the past five years.
The operating return on assets (Operating ROA) has been volatile, ranging from -4.42% in 2020 to a peak of 29.76% in 2022, but showing a slight decrease to 27.95% in 2023. This ratio indicates the company's ability to generate profit from its assets before interest and taxes, with a higher percentage suggesting efficient asset utilization.
The return on assets (ROA) also displays variability, with a negative performance in 2020, followed by a significant improvement in subsequent years, reaching 24.52% in 2023. This ratio reflects how effectively the company utilizes its assets to generate profit, with a higher percentage indicating better asset efficiency.
Return on total capital reflects a strong performance for Consol Energy Inc, hitting a high of 53.10% in 2022 and maintaining a robust level of 50.04% in 2023. This ratio evaluates the company's ability to generate profit from both debt and equity capital employed in its operations, indicating high profitability relative to the company's total invested capital.
Return on equity (ROE) showcases a similar trend to the other profitability ratios, with fluctuations but generally positive improvements over the years. Consol Energy Inc's ROE peaked at 48.82% in 2023, demonstrating a favorable return to equity shareholders compared to earlier years.
Overall, Consol Energy Inc's profitability ratios exhibit positive trends in recent years, suggesting improved efficiency in asset utilization and profitability levels. However, the company's performance has been volatile, with fluctuations observed in certain years. It is important for the company to sustain this positive trajectory and monitor the performance indicators closely to ensure continued financial success.